The Mi$$ing Billionaire

first_imgDonald Trump, who limped into this year’s Forbes annual list of richest people in the world with an estimated value of $2.9 billion is known to gripe at Forbes for chronically underestimating his worth. His grievance is nothing close to that of Hassan Ali Khan’s, whom they missed altogether.This year’s Forbes list included 36 Indian billionaires with a combined worth of $191 billion, headed by Lakshmi Mittal and the Ambani brothers. However, a tax raid on the property of the reclusive 53-year-old horse trader in Pune traced nearly $8 billion in various overseas accounts and media reports suggest that the final tally could be twice as high. Should even his current net worth hold, Hassan would be the 9th richest Indian, just behind Kumar Birla. And if it should rise to media projections, he will displace Azim Premji from fourth place. What you got on that, Donald? INDIAN BILLIONAIRESGlobal RankNAMEVALUE (BILLION)5Lakshmi Mittal$32.0014Mukesh Ambani$20.1018Anil Ambani$18.2021Azim Premji$17.1062Kushal Pal Singh$10.0069Sunil Mittal & family$9.5086Kumar Birla$8.0086Shashi & Ravi Ruia$8.00114Ramesh Chandra$6.40137Pallonji Mistry$5.60210Adi Godrej & family$4.10214Shiv Nadar$4.00230Anil Agarwal$3.80279Dilip Shanghvi$3.10287Indu Jain$3.00287Cyrus Poonawalla$3.00349Kalanithi Maran$2.60349Grandhi Rao$2.60390Savitri Jindal & family$2.40390Tulsi Tanti$2.40407Subhash Chandra$2.30432Uday Kotak$2.20458Baba Kalyani$2.10488Malvinder & Shivinder Singh$2.00557NR Narayana Murthy$1.80618Venugopal Dhoot$1.60618Anurag Dikshit$1.60664Jaiprakash Gaur$1.50664Vijay Mallya$1.50717Vikas Oberoi$1.40754Nandan Nilekani$1.30754Naresh Goyal$1.30799Senapathy Gopalakrishnan$1.20840Keshub Mahindra$1.10840Pradeep Jain$1.10840Rahul Bajaj$1.10                                        Source: Forbes Magazine Related Itemslast_img read more

Go back to the enewsletter Global online payments

first_imgGo back to the enewsletterGlobal online payments juggernaut, PayPal, has named the recipient of its inaugural TIME (Travel Industry Mentor Experience) scholarship: Stephanie Cowdroy, Finance Manager at Brisbane’s GlobeNet Travel.Stephanie will commence her mentoring experience alongside 10 other ambitious mentees in TIME’s final intake for 2018, commencing on 5 September.“I am delighted that Stephanie will be PayPal’s first ‘scholar’ in the TIME mentoring program,” said Anthony Drury, Director, Head of Enterprise Business, PayPal ANZ.“It’s a privilege to help advance such a talented young professional’s career and I look forward to sharing my expertise and experience with her over the next six months,” he added.Stephanie Cowdroy, GlobeNet TravelThe PayPal scholarship covers Stephanie’s TIME fees for six months of dedicated, tailored mentoring.“I am thrilled to be the recipient of PayPal’s first TIME scholarship. The TIME program is highly regarded by my industry peers and it is a huge privilege to join the TIME community,” says Cowdroy.“I am often told that I have my whole career ahead of me and I believe the opportunity to be mentored by an experienced industry leader will help me reach my full professional potential. I want to extend my thanks to PayPal for their commitment to professional development,” continued Stephanie.TIME program founder, Penny Spencer, also extended her sincere gratitude to PayPal.“We are so grateful for PayPal’s support of TIME, and we’re delighted to welcome Stephanie to the program as the 2018 PayPal scholar,” Spencer said.TIME founder and chair, Penny Spencer from Spencer Group of Companies“The Board was overwhelmed with applicants of the highest order, and Stephanie is a worthy recipient. We so look forward to hearing about her experience when she graduates in 2019,” she added.Since its foundation in 2009, TIME has accelerated the leadership and career paths of some 200 graduates from more than 100 travel, tourism and hospitality businesses.Expressions of interest for TIME’s 33rd program intake (commencing 13 February 2019) are due by COB Friday 25 January 2019.For more information, visit the TIME website or contact Marie Allom:Email Marie at time@travelindustrymentor.com.auSee travelindustrymentor.com.au/become-a-menteeLead image – Stephanie Cowdroy, GlobeNet Travel and Anthony Drury, PayPal.Go back to the enewsletterlast_img read more